Wilon Resources (fka WLON)

[retribution]

Better plays out there!

[ronsha]

Company Overview
Wilon Resources, Inc. (OTC.PK: WLON)
Wilon Resources is a publicly traded company focusing on the exploration and production of natural gas in the Appalachian Basin region. The Company currently operates approximately 60 producing wells with plans to aggressively expand the number of wells over the next few years. The Company owns 12,000 acres of mineral leases within the Basin region concentrated along the Kentucky-West Virginia border. The Company plans to expand these lease-holds within certain targeted geographic areas.

The Company sells the natural gas it produces to gas transmission companies, industrial end-users and utilities under contracts with terms ranging from one month to three years. As customary in the industry, virtually all of the Company’s contract pricing provisions are tied to a market index.

The Company is afforded many advantages by drilling in the Appalachian Basin, which include but are not limited to:

• Highly Successful Drilling Rate- The Company has a proven successful drilling record within the shallow formations (1,000-7,500 ft.) of the Basin. Wilon currently concentrates drilling in the Devonian Shale deposits, which has shown to be a very promising geological area.
• Location- Appalachia is surrounded by major natural gas markets in the United States. The proximity to a substantial number of large commercial and industrial gas markets, including natural gas powered electricity plants, coupled with the relatively stable nature of Appalachian production has resulted in generally higher well head prices for Appalachian natural gas as compared to those prices of the Gulf Coast or Mid-continent regions.
• Long Life Production- These formations are generally characterized by long-lived reserves that produce for more than 20 years.

Wilon management believes the demand for production will continue to grow in the future due to the efficiency, safety, cleanliness, and price competition of natural gas.

What is natural gas? Natural gas is a non-renewable, colorless, odorless, gaseous hydrocarbon mixture made up of methane and a small percentage of other light hydrocarbons. Natural gas is the cleanest burning fossil fuel. Natural gas is found naturally underground and delivered via wells drilled into porous rock formations. Most natural gas used in the United States comes from North America.

What is natural gas used for? Approximately 23 percent of the energy consumption of the U.S. comes from natural gas. Over one-half of the homes in the U.S. use natural gas as their main heating fuel. Natural gas is also an essential raw material for many common products, such as: paints, plastics, fertilizer, antifreeze, films, dyes, and medicines. More than 62 million homes use natural gas to fuel stoves, furnaces, water heaters, dryers, and other appliances. Natural gas now powers nearly 130,000 buses, taxis, delivery trucks, and other natural gas-powered vehicles.

Natural gas prices were in the $2 to $3 per million Btu (MMBtu) range only five years ago. Record natural gas prices were set in October and November of 2005, but a warm winter have led prices to settle in the $6-$7 MMBtu range. Still, prices paid by residential customers this past winter averaged 30% higher than the prior winter. The Energy Information Administration (EIA) estimates that concerns about tightness of future supplies of natural gas and continuing pressure from high oil market prices will keep gas prices for the next winter season at today’s high prices.

[raidersoftheloststocks]

looking good otcrepoter had this on their radar

[Greta Grabo]

Yeah I saw the news yesterday. Caught my attention

[iblong2]

Hello Sue, this one has a nice uptrend.

[ronsha]

NEWS!!!Wilon Resources, Inc. Scheduled to Begin Delivery of Natural Gas This Week

ST. PETERSBURG, Fla., March 15 /PRNewswire-FirstCall/ -- Wilon Resources, Inc. (Pink Sheets:WLON.pk - News), an energy exploration company with operations in the Appalachian Basin is pleased to announce that it is in the final stages of preparation for delivery of natural gas. The Company has scheduled all projects to be completed and final inspections for the week of March 15, 2010 in anticipation of delivery.

Over the next few days, the Company's West Virginia natural gas project will go through several inspections to insure that the recently constructed meter station, H2S detection facility, compressor station, and glycol unit are functioning properly and to the standards required by Columbia Gas Transmission. During this time, the Company will continue to swab wells and tie in additional wells into the gathering system. The Company projects that it will have between 15-25 wells equipped for the initial day of delivery and will open for production an additional 5-8 wells weekly.

In addition, management would like to remind shareholders of the upcoming special shareholder meeting this Friday, March 19, 2010. Management strongly believes that the acquisition of the Company by Adventure Energy is in the best interest of shareholders and will allow the Company to further develop its leasehold interests.

"We are extremely excited to finally be at the point where we can initiate gas sales," stated Wayne Anderson, President of Wilon Resources, Inc. "We look forward to meeting with shareholders this week at the Company's shareholder meeting and to discuss the future of the Company."

About Wilon Resources, Inc.

Wilon Resources, Inc. engages in the exploration, production, and delivery of natural gas. Its operations are in the Appalachian Basin centered around West Virginia on leaseholds that aggregate approximately 12,000 acres.

[Greta Grabo]

well from what I can see you are with some nice folks. Some I know others not so much!

[buyittradeit]

LOL is now just found out I am a mod. DId not know until I saw there was an extra board I was moding in my profile. haha


Oh well, guess I will stick around.

[Greta Grabo]

buyit, you here?

[Stock Sumo]

http://stockcharts.com/h-sc/ui?s=WLON&p=D&b=5&g=0&id=p28997113966

[Stock Sumo]

Chart is superb! I noticed the 50dma blue line and the 200dma red line crossing which is known as a "Golden Cross" always a nice buy indicator!

[retribution]

Wilon Resources Inc (WLON)
0.1200 +0.0100 (+9.09%) Tuesday, Feb. 23rd, 2010 12:57P EST
Detailed Opinion Show Signal Strength and Direction
Composite Indicators Signal
Trend Spotter Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 80% Buy
20-Day Average Volume - 286,883

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% Buy
50-Day Average Volume - 168,475

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% Buy
100-Day Average Volume - 103,767

Overall Average: 96% Buy

Price Support Pivot Point Resistance
0.12 0.1067 0.1133 0.1267

[retribution]

Strong buy!


http://www.barchart.com/quotes/WLON

[retribution]

I will be call the company tomorrow. There are few things I would like to them about!

[aidadd2]

WHAT'S UP??? Big move at the open.

[retribution]

This stock needs volume!

[retribution]

Chart looks good!

[Stock Sumo]

WLON holding up very well .106x .109 2x2. Next resistance will be .12 once we crack through that it looks like we will be headed to the .20's....

[Stock Sumo]

Wow chart looks truely awesome.

http://stockcharts.com/h-sc/ui?s=WLON&p=D&b=5&g=0&id=p52720695163

[aidadd2]

With new management in place and a signed contract, I'm looking for a bright future for this company.

[iblong2]

The I-Box has been updated!

[PROPHET-of-PROFITS]

done

[retribution]

I guess I'll take to Mod position and do some DD?

[retribution]

Any news coming?

[retribution]

Can anyone fill me in?

[retribution]

Quiet board?

[doinit]

I hear an echo ?????? wow, talk about quiet boards

[Matilda007]

Hello???

[Low Float Stock Pick]

WLON and management currently fighting a lawsuit with a few shareholders. It appears management may have misappropriated a few funds. Stock worth 5 times current trading price just with what they have in ground.

[curber]

Company offered .93 per share by holder of 7.49% of stock!

[surfkast]

Gas and oil moving up daily. This one may come into play shortly. JMHO

[was tradereaper]

NEWS...Wilon Resources, Inc. (Other OTC:WLON.PK - News), an energy company engaged in the production of natural gas, today announced that it has hired Louis Ledet, Jr. as Chief Operations Officer to oversee the Company's drilling program and growth initiatives.

Mr. Ledet was Senior Petroleum Engineer at J.M. Huber's oil and gas division. While there he supervised all offshore Gulf of Mexico operations including production, recompletions, and the design and installation of numerous well facilities. Prior to J.M. Huber, Mr. Ledet was an Operations Manager at Trans Texas Gas Corporation. During his tenure at Trans Texas he was responsible for operations and production in the Galveston Bay area. His team designed, fabricated, and installed production pipelines, flow lines, and platforms. Mr. Ledet also worked at Pioneer Natural Resources (formerly Mesa Petroleum), where he was an Operations Superintendent directing the operations of 700 oil and 1,100 natural gas wells.

Mr. Ledet has a BS degree in Petroleum Engineering and has worked towards a master's degree in Business Management. He served with the U.S. Marine Corps, and received three combat decorations for his service in Vietnam.

Harry Thompson, President of Wilon, stated, "We are very fortunate to have Mr. Ledet join our company. He brings a strong and successful background in all phases of the development and operation of natural gas production and transmission. This is the first step in the expansion of our management team to facilitate the accelerated growth of our company."

Wilon Resources, Inc. engages in the exploration, production, and delivery of natural gas. The company currently manages and operates over 100 natural gas wells. The Company is presently drilling new wells within West Virginia, as well as reworking and deepening older wells. Its operations are in the Appalachian Basin centered around West Virginia and Kentucky on leaseholds that aggregate approximately 12,000 acres.

[was tradereaper]

WLON may move today. RADAR IT.

[trunkmonk]

I guess my question is, 15.99 - 14,326,500 is now 1.66 million more shares out there, are they added to the float, or are they restricted, are there now 2.66M shares in the float or somewhat more than that but less than 15.99M. does anyone know, they do not seem to file anything.

[trunkmonk]

what about this "With 15.99 million shares outstanding", are 14 million held inside. also, why the end of year jump, do you know. thanks

[trunkmonk]

low, are they doing what is written in your message, which is from company news a while back. do you know if it is completed or not(the sulfer extraction facility), and are they drilling new wells. thanks

[Low Float Stock Pick]

Great news this am on WLON. Company is in a pact with El Paso Corp for natural gas production.

Wilon Resources, Inc. Announces Agreement to Deliver Its Natural Gas Production to a Subsidiary of El Paso Corporation
Wednesday September 6, 9:05 am ET

CHATTANOOGA, TN--(MARKET WIRE)--Sep 6, 2006 -- Wilon Resources, Inc. (Other OTC:WLON.PK - News), an energy company engaged in the production of natural gas wells, is pleased to announce an agreement for the transmission of their natural gas production through an interstate pipeline owned by Tennessee Gas Pipeline, an El Paso Natural Gas Company.



Harry Thompson, President of Wilon, stated: "This is a major step in the growth of the company. In the past, the company has experienced a partial interruption in the delivery of its production. This agreement ensures a reliable primary source, and eliminates, or greatly minimizes, any future interruption of production. The delivery of Wilon's natural gas production to this new source is expected to begin shortly." A seven mile pipeline that will link their natural gas production with the interstate pipeline owned by the Tennessee Gas Company is in the process of completion.

Wilon has a three year history of sales and earnings. For the fiscal year ending 9/30/05, sales exceeded $2.6 million, and net income exceeded $545,000. The company has successfully drilled or reworked 65 natural gas wells. Plans are to rework another 50 wells during the next 12 months, and to complete more than 25 new wells in 2006 and 2007. Its operations are in West Virginia and Kentucky on leaseholds that aggregate approximately 15,000 acres.

[Low Float Stock Pick]

WLON.PK with nice volume Friday. Looking for this move to continue over the next few weeks as the hurricane season kicks in. With a float of only 1 million, this could move quickly.